OEFA vs QQQ
O Shares International Developed Quality Dividend ETF vs Invesco QQQ Trust, Series 1
Which is better, OEFA or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. OEFA is less concentrated, with 30.0% of the fund in its ten largest positions against 46.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OEFA | QQQ |
|---|---|---|
| Expense Ratio | 0.48% | 0.18%Best |
| AUM | $34M | $506.1B |
| Dividend Yield | 1.65% | 0.42% |
| Holdings | 51 | 321 |
| YTD Return | +4.36% | +19.30%Best |
| 1Y Return | +6.88% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 15.5%Best | 21.9% |
| Max Drawdown | -13.5% | -12.0%Best |
| $10,000 over 1 years | $10,552 | $12,061Best |
| Top 10 Weight | 30.0%Best | 46.7% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Aug 18, 2015 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 1, 2025 to Oct 14, 2026 (1 years).
OEFA vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
OEFA vs QQQ Performance
O Shares International Developed Quality Dividend ETF (OEFA) is an ETF from ALPS Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OEFA returned +6.88% while QQQ returned +22.47%. Year to date, OEFA is up 4.36% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 15.5% for OEFA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.5% for OEFA and -12.0% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OEFA charges 0.48% per year while QQQ charges 0.18%. On a $10,000 position that is $48 vs $18 annually, a gap of $30 per year that compounds over a long holding period. On income, OEFA currently yields 1.65% against 0.42% for QQQ.
Holdings Overlap
5.0% of OEFA's money is in holdings QQQ also owns. 0.7% of QQQ's money is in holdings OEFA also owns.
OEFA and QQQ share little of their money.
1 positions in common, counted across the 51 positions we hold weights for in OEFA and 101 in QQQ, against full books of 51 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for OEFA (96.3% of the fund), and 1 for OEFA that do not appear in QQQ (0.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OEFA | Weight in QQQ | Difference |
|---|---|---|---|
| ASML:ASASML HOLDING NV | 4.96% | 0.71% | 4.25% |
You are not choosing between two funds in isolation.
Whichever of OEFA and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OEFA or QQQ?
OEFA has an expense ratio of 0.48% while QQQ charges 0.18%. QQQ is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, OEFA or QQQ?
Over the past year OEFA returned +6.88% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), OEFA annualized +5.52% vs +20.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OEFA or QQQ?
QQQ has been the more volatile fund at 21.9% annualized versus 15.5% for OEFA. Worst drawdown: OEFA -13.5% vs QQQ -12.0%.
Should I hold both OEFA and QQQ?
OEFA and QQQ have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OEFA and QQQ?
5.0% of OEFA's money is in holdings QQQ also owns. 0.7% of QQQ's is in holdings OEFA also owns. They hold 1 positions in common, counted across the 51 positions we hold weights for in OEFA and 101 in QQQ.
Which pays a higher dividend, OEFA or QQQ?
OEFA yields 1.65% while QQQ yields 0.42%, so OEFA currently pays the higher dividend yield.
Is QQQ better than OEFA?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. OEFA is less concentrated, with 30.0% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.